Securing a Mortgage for Your Alabama Residence with Central Mortgage Funding
Welcome to Alabama, the “Heart of Dixie!” Whether your dream is a Gulf of Mexico beachfront property or a cozy spot near the excitement of Tuscaloosa, Central Mortgage Funding is here to assist. As a leading direct mortgage lender, we offer competitive home loan options across Alabama, from Mobile to Huntsville and everywhere in between.
Thinking of purchasing a home in Alabama? Begin your mortgage application today to get pre-approved quickly. This way, you’ll have your pre-approval letter ready when you start touring your potential new homes!
Already own a home in Alabama? We’re also experts in mortgage refinancing.
Alabama Mortgage Rates and Trends
The national mortgage scene saw record-low rates as a response to COVID-19, and many Americans benefited from these reduced borrowing costs.
In Alabama, mortgage rates have been following this trend, though they are gradually rising. However, they are still low by historical standards. Regardless of your current mortgage situation, it’s worthwhile to consider a free mortgage review with a reputable lender like us. A lower rate could potentially save you hundreds each month.
Several factors, including your debt-to-income ratio and credit score, can affect mortgage rates. That’s why partnering with a lender that prioritizes your needs is crucial. Let us guide you home with our diverse Alabama home mortgage options, including FHA, VA, Conventional, USDA, and more.
Down Payment Assistance Prospective
Alabama homebuyers might be eligible for down payment assistance. If you’re planning to buy a home in Alabama, we’ll help you explore available options and grants*.
Be sure to inquire about:
- Dream Makers Grant
- Forgivable and non-forgivable second mortgages
- First-time home buyer incentives
- Closing cost assistance
- Tax credits
*The actual assistance amount may vary based on the purchase city, credit score, and other financial requirements. Down payment assistance programs are city and/or state-level initiatives, not funded by Central Mortgage Funding. Completion of a homebuyer education course may be required.
Contact a mortgage consultant today to learn more about funding options!
Refinancing Your Mortgage
- Is your monthly mortgage payment or interest rate higher than you’d like?
- Are you struggling with high-interest debt?
- Looking to pay off your mortgage sooner?
If you answered yes to any of these questions, it’s time to schedule a free mortgage review with a Central Mortgage Funding consultant in Alabama. Discover the benefits of refinancing your mortgage, which could mean savings of up to $1,000 a month. With Central Mortgage Funding, you can select a loan term that suits your needs, starting from ten years. Contact a mortgage consultant to find out more.
Why Choose Central Mortgage Funding?
As a national mortgage lender committed to affordable homeownership, we offer competitive rates and no upfront fees. Our dedicated mortgage consultants tailor the ideal loan program for your financial objectives. Thanks to our efficient online process, we can offer an even faster lending experience.
But it’s not just about the transaction. We’re here for you long after closing, ready to answer any mortgage-related queries or assist with refinancing for a better rate or cash-out options. We’re excited to start this lasting relationship with you!
Building Your Home Loan Together Call (844) 907-2391 now to speak with an Alabama mortgage consultant at Central Mortgage Funding. We’re ready to tailor any loan in the industry to your needs, offering top-notch service, the lowest rates, and the quickest closing times. Let us demonstrate how easy the process of mortgage refinancing or purchasing a new home can be!
Central Mortgage Funding is an Equal Housing Lender; Lic# 22814